Acton Institute Powerblog

Can Capital Markets Be Moral?

Share this article:
Join the Discussion:

Can capital markets be moral? At The Veritas Forum at Cambridge University, Rev. Richard Higginson explains how we should rethink our capital system to avoid problems like the financial crisis.

His five part plan includes:

1. Rediscovering capital virtues like moderation and prudence,

2. Adopting sound policy like reducing debt and spreading risk,

3. Reviewing the purposes and scrutinizing the practices of banking by a reputable international body,

4. Continuing to invest and give as a sign of hope, and

5. Considering long-term investments in ethical enterprises rather than simply maximizing short-term gain

Joe Carter Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).

Comments